Commercial Real Estate Market in Fernandina Beach, FL

Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31

99 active listings and 1,028 off-market properties in Fernandina Beach, FL. Commercial property asks $352/SF to buy and $25.35/SF/Yr to lease.

Market overview

Demographics & Economy

Fernandina Beach, FL has 38,167 residents in 21,768 households. Density runs 587 people per square mile. Median household income here is $97,756 and median gross rent $1,399 a month.

38,167
Population
21,768
Households
1.8
Avg Household Size
56
Median Age
54%
College-Educated
97%
High-School Grad
65 sq mi
ZIP Area
587
Density / Sq Mi
$97,756
Median Household Income
$48,467
Median Earnings
$1,399
Median Rent
$484,200
Median Home Value

Tools

Business Placement

Lease vs Buy Breakeven

At $25.35/SF/Yr lease vs $352/SF buy → buying wins if held > 3 years.

At a 7.2% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.

Frequently Asked Questions

What is the median price per square foot for commercial property in Fernandina Beach?
Commercial property in Fernandina Beach, FL asks a median of $352 per square foot. The 6 most recent recorded sales traded at a median of $330/SF, so the asking price sits 7% above the achieved median.
How much does it cost to lease commercial space in Fernandina Beach?
The median asking lease rate in Fernandina Beach, FL is $25.35 per square foot per year.
Is it cheaper to lease or buy commercial space in Fernandina Beach?
Buying beats leasing in Fernandina Beach, FL if the property is held longer than 3.0 years, comparing $25.35/SF/Yr asking rent with $352/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
Where does Realmo's Fernandina Beach market data come from?
Realmo compiles Fernandina Beach, FL figures from 7 recent recorded sales, 25 active sale listings, 74 active lease listings, 1,028 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 October 2026.
Methodology & data sources
Asking prices and medians
There are 25 active for-sale and 74 active for-lease listings in Fernandina Beach, FL. The medians are based on 11 of the for-sale and 57 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
Vacancy rates
Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
Refresh
The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
Known limitations
office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
Coverage
Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.

Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue